Are you a part of the VIP Insider? Sign in or join now. Why join?
Text size: A A A
Jamie Dupree

No Ordinary Federal Holiday

By
Jamie Dupree
@ October 13, 2008 12:00 AM
Permalink | Comments (0) | TrackBacks (0)

If Wall Street and other world financial markets weren't in a meltdown right now, this would be a day of pomp and circumstance at the White House, as President Bush welcomes the leader of Italy and celebrates with a State Dinner at the White House.

Instead, this Columbus Day won't be all about Italian-American heritage and Christopher Columbus, as Mr. Bush and Silvio Berlusconi must deal with the looming financial crisis that has gripped politicians for weeks.

There's also no day off for some of the big shots in the Congress, as House Speaker Nancy Pelosi will be back in Washington, D.C. to figure out the next response from Democrats.

Over the weekend, it became clear that Pelosi may be ready to call the House back into session after the elections to deal with the US economy.

The California Democrat had initially ruled that out, but now Democrats see that as a distinct possibility, allowing them to press the case for a second economic stimulus bill.

Republicans have reacted coolly to the idea, but I would bet a lot of them would end up going for it. We'll see.

So today, Pelosi will meet with economists and probably try to put some heat on the White House to get on board with a second stimulus.

GOP lawmakers say they don't want it to turn into a massive pork barrel project.

Stay tuned.



0 TrackBacks

Listed below are links to blogs that reference this entry: No Ordinary Federal Holiday.

TrackBack URL for this entry: http://wsbradio.com/blogging/mt-tb.cgi/9632


Avg. rating: N/A

What others are saying

There are no comments yet. Be the first to post one!

send to a friend  view as printer-friendly  RSS feeds
advertisement

Orlando weather

A Few Clouds
77°F
5-day forecast | Hurricane Guide
advertisement

Marketplace

Marketing Matters
Good marketing doesn’t cost, it PAYS. Learn how to get results for your business! Get started!
Nutrition & Health Center
Stay healthy thanks to Dr. Susan Mitchell's Nutrition and Health Center! Get recipes, hear internet shows, and much more!
It's YOUR Home
Learn how to create your ideal living space. After all... It's YOUR Home!
Travel
Need to get away or planning a vacation? Let us, and our partners at Travel Channel, help. Click here to find out more.
Ask the Experts
Get information and professional advice in many categories, from health to home improvement! Ask the Experts!
advertisement
Stay ahead of the storm. Find evacuation routes, safety tips and more in the Hurricane Guide.
Go Green Orlando
AM580 WDBO encourages you to help the environment and Go Green! Use our tips!
Don't miss your favorite TV shows! Click to get the latest WFTV Channel 9 programming schedule.